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4 November 2021 , 7.00am LINDSLEY RUTH , CHIEF EXECUTIVE OFFICER , COMMENTED : " Electrocomponents has delivered a very strong performance due to our differentiated offer and a robust market driving significant revenue growth and an improved operating profit margin on a one and two - year basis . Having repositioned the Group , we are now moving on to the next stage of our Destination 2025 strategy to drive stronger profitable growth . Integral to this strategy is our continued commitment to build a more sustainable and inclusive environment and today we launch the next stage of our ESG action plan , ' For a better world ' . With less than a one percent share of our global market and a strong proposition that is taking share , we have never been more confident of our growth opportunities despite the external challenges being faced . ” ELECTROCOMPONENTS PLC RESULTS FOR THE HALF YEAR ENDED 30 SEPTEMBER 2021 Highlights Revenue Adjusted4 operating profit Adjusted operating profit margin Adjusted 4 profit before tax4 Adjusted earnings per share Operating profit Profit before tax Earnings per share Interim dividend Adjusted free cash flow ● STRONG PERFORMANCE WITH CONTINUED MARKET SHARE GAINS ● ● H1 2021/22 £ 1,208.9m £ 144.8m 12.0 % £ 141.8m 23.0p £ 139.1m £ 136.1m 21.5p 6.4p £ 84.8m £ 83.6m 0.3x H1 2020/21 £ 908.9m £ 77.6m 8.5 % £ 74.3m 12.8p £ 58.9m £ 55.6m 9.5p 6.1p £ 85.0m £ 114.8m 0.5x Change 33 % 87 % 3.5 pts 91 % 80 % 136 % 145 % 126 % 5 % 0 % Like - for - like² change 31 % 95 % 4.0 pts 101 % 89 % 158 % 170 % 154 % H1 2019/20 £ 978.7m £ 105.6m 10.8 % £ 103.4m 17.8p £ 91.2m £ 89.0m 15.2p 5.9p £ 13.9m Net debt Net debt to adjusted 4 EBITDA Market share gains driven by our people , differentiated proposition and supply expertise Our strong product breadth and availability , supply expertise and service offer underpin market outperformance Good growth in customer numbers and average order value achieved with minimal benefit from inflation Engaged and focused teams and leaders are the driving force behind our strength across the Group Rolling 12 - month Net Promoter Score of 52.2 , a two - year fall of 2.5 , largely due to external issues such as industry supply shortages and Brexit Two - year change³ 24 % 37 % £ 220.7m 0.9x 1.2 pts 37 % 29 % Margin expansion despite ongoing operational investment ; strong free cash flow generation Gross margin of 43.7 % , up 0.5 pts year - on - year , due to product margin gains offset by mix effects Operating cost control and £ 10 million of RISE benefits diluted by £ 9.4 million of extra COVID - 19 and Brexit costs Adjusted operating profit margin of 12.0 % , with adjusted operating profit conversion of 27.4 % O EMEA operating profit margin of 15.9 % underpinned by our improved operating model O Americas operating profit margin of 12.8 % reflects our investment over recent years O Asia Pacific operating profit margin of 9.7 % due to greater focus on marginal return Adjusted free cash flow generation remains strong at £ 84.8 million despite additional inventory investment Opportunity to develop our strategic roadmap to drive stronger profitable growth Destination 2025 strategy unchanged and on track , with our needle movers driving organic and inorganic growth Well positioned to satisfy growing customer demand for sustainable product and service solutions Investigating opportunities to unlock further profitable growth and move from being good to great operationally 53 % 53 % 41 % 8 % > 200 % Launching environmental , social and governance ( ESG ) goals for 2030 to drive ' For a better world ' Committed to being net zero in our operations by 2030 and across the wider value chain by 2050 Science Based Targets initiative ( SBTi ) set for Scope 1 , 2 and 3 emissions as we partner with our suppliers ESG - related targets included within our employee rewards programmes Restructured our existing £ 300 million revolving credit facility to be a sustainability - linked loan High external ESG ratings facilitating winning new contracts 1